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Sectio 80P

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....ectio 80P<br> Query (Issue) Started By: - JAYAKUMAR MG Dated:- 5-8-2019 Last Reply Date:- 4-7-2020 Income Tax<br>Got 2 Replies<br>Income Tax<br>Dear Experts Kindly advice the remedy available to a Pr....

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....imary Agricultural Cop-Operative Society eligible for exemption u/s 80 P filed their return in first time after receiving Notices from Income Tax Department for AY 2018-19 on 30 th March 2019 .Now the....

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....y received Intimation u/s 143 from CPC not allowing the 80 P Exemption and taxed the full amount at Normal rate. In this case please note that the due date was extended up Feb 28 due to Flood in Keral....

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....a but the benefit could not enjoyed due the fact that the date extended information was received on;ly on Feb 27, 2019. In this case what is the remedy / remedies availble the assessee agrieved by the....

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.... intimation Thanks in advance Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: What is the reason indicated in Sectin 143 notice for not allowing deduction under section 80P? Reply By JAYAKUMAR MG: ....

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....The Reply: Respected Sir Please note that in the instant case there is no reason specified .Only thing our claim of 80 P not allowed. It is due to the fact that from Ay 2018-19, some of the Chapter ....

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....VIA deductions including 80 P is not allowed if the return submitted after due date similar to not allowing carry forward and set off business lossed incase of belated returns Sir Kindly advice<br> D....

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....iscussion Forum - Knowledge Sharing ....